In January, Western Union, in a settlement with the Federal Trade Commission (FTC) and the Department of Justice (DOJ), announced it will pay $586 million to scam victims who wired money to fraudsters using Western Union’s services. According to the FTC, Western Union knowingly executed wire transactions where evidence of financial fraud was present between…
Western Union is currently mailing claim forms to victims of wire transfer scammers to receive compensation from a $586 million settlement reached with the Federal Trade Commission and the Department of Justice in January.
If you’ve been affected by a wire transfer scam using Western Union services during a certain time period–whether you’ve already filed a report with Western Union or not–it is possible you’re eligible to receive remission from the settlement. But you must file your claim before February 12, 2018.
Head over to The Seniors Center Blog to find out whether your eligible and what you have to do to file your claim before the cut-off date.